Jun 20, 2014 at 12:26 pm
How low can it go? North Dakota’s unemployment rate slipped to two-point-four percent in May. That compares to two-point-six in April and two-six one year ago. Michael Ziesch of job service says the state continues to have the lowest unemployment rate in the nation.
Vermont…Utah…and Nebraska are close behind at three-point-two…three-three…and three-point-four percent respectively. Ziesch says despite the low rate and some 27-thousand available job postings over ten-thousand workers are technically unemployed.
By comparison the not-seasonally adjusted national jobless rate was six-point-one percent last month.
North Dakota Not Seasonally Adjusted Labor Force Data
May 2014 April 2014 May 2013
Unemployment Rate 2.4% 2.6% 2.6%
Unemployed 10,059 10,670 10,508
Employed 401,870 395,416 392,805
Labor Force 411,929 406,086 403,313
KNOX / Doug Barrett